Boomers Are Buying These 5 Monthly Pay High-Yielding ETFs Hand-Over-Fist

By Lee Jackson Updated Dec 9, 1:02PM EST · Published Jul 27, 6:19AM EDT

Quick Read

JEPI offers an 8.1% monthly dividend yield using S&P 500 equities and call options.
QYLD pays a 10.5% monthly dividend by tracking a NASDAQ-100 covered call strategy.
MUB provides 3.11% monthly tax-free income from municipal bonds with a 0.05% expense ratio.
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Boomers Are Buying These 5 Monthly Pay High-Yielding ETFs Hand-Over-Fist — © bigjom jom / Shutterstock.com

Many investors are eyeing 2026 in need of dependable passive income, and one outstanding way to achieve this is to invest in exchange-traded funds (ETFs). Unlike open-end mutual funds, ETFs trade on major exchanges like stocks. They own financial assets, including stocks, bonds, currencies, debt, futures contracts, and commodities such as gold bars. The more passive income can help cover rising costs, such as mortgages, insurance, taxes, and other expenses, the easier it is for investors to set aside money for future needs as they prepare for or begin retirement. Dependable recurring monthly dividends from quality, high-yield ETFs are a recipe for success.

One significant advantage of owning ETFs is that they can be sold at any time when the markets are trading. We screened our 24/7 Wall St. ETF research database and found five top funds that have these qualities:

High dividend monthly payout
Trades at a discount to net asset value
Major Wall Street firms manage them
Reasonable expense ratio

JPMorgan Equity Premium Income

This massive fund has raised billions since its inception in 2020 and is managed by top portfolio managers at JPMorgan. JPMorgan Equity Premium Income (NYSEArca: JEPI) seeks to achieve this objective by:

Creating an actively managed portfolio of equity securities significantly comprised of those included in the fund’s primary benchmark, the Standard & Poor’s 500 Total Return Index (S&P 500 Index)
Utilizing equity-linked notes (ELNs), selling call options with exposure to the S&P 500 Index

Dividend yield = 8.1% paid monthly

NAV = $57.10

Expense ratio = 0.35%

Global X U.S. Preferred ETF

This fund focuses on preferred stocks of top U.S. companies. It invests at least 80% of its assets in the securities of its underlying index. Global X U.S. Preferred ETF (NYSEArca: PFFD) supports at least 80% of its assets in preferred domestic securities, principally traded in or whose revenues are primarily from the United States. The underlying index tracks the broad-based performance of the U.S. chosen securities market.

Dividend yield = 6.4% paid monthly

NAV = $18.98

Expense Ratio = 0.23%

Global X SuperDividend REIT ETF

Global X SuperDividend REIT ETF (NASDAQ: SRET) offers investors exposure to the real estate sector. At least 80% of its total assets are in the securities of the underlying index, and American depositary receipts and global depositary receipts are based on these securities. The underlying index tracks the performance of REITs that rank among the highest-yielding REITs globally.

Dividend Yield = 7.9% paid monthly

NAV = $21.51

Expense ratio = 0.58%

iShares National Muni Bond ETF

While yielding much less, this is an ideal fund for investors seeking tax-free income. iShares National Muni Bond ETF (NYSEArca: MUB) underlying index includes municipal bonds, the interest of which is exempt from federal income taxes and not subject to the alternative minimum tax.

Dividend Yield = 3.11% paid monthly

NAV = $106.92

Expense ratio = 0.05%

Global X NASDAQ 100 Covered Call ETF

With a massive dividend paid each month, Global X NASDAQ 100 Covered Call ETF (NASDAQ: QYLD) aims to deliver investment results that generally correspond to the price and yield performance of the CBOE NASDAQ-100 BuyWrite Index. The fund will invest at least 80% of its total assets in common stocks included in the Index. It employs a replication strategy to track the index.

Dividend Yield = 10.5% paid monthly

NAV = $17.54

Expense ratio = 0.60%

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About the Author Lee Jackson →

Lee Jackson has covered Wall Street analysts' equity and debt research and equity strategy daily for 24/7 Wall St. since 2012. His broad and diverse career, which included a stint as the creative services director at the NBC affiliate in Austin, Texas, gives him unique insight into the financial industry and world.

Lee Jackson's journey in the financial industry spans over 30 years, with nearly two decades as an institutional equity salesperson at Bear Stearns, Lehman Brothers, and Morgan Stanley. His career was marked by his presence on the sell side during pivotal Wall Street events, from the dot.com rise and bubble to the Long Term Capital Management debacle, 9/11, and the Great Recession of 2008. This is a testament to his resilience and adaptability in the face of market volatility.

Lee Jackson’s practical financial industry experience, acquired from a career at some of the biggest banks and brokerage firms, is complemented by a lifetime of writing on various platforms. This unique combination allows him to shed light on the intricacies and workings of Wall Street in a way that only someone with deep insider experience and knowledge can. Moreover, his extensive network across Wall Street continues to provide direct access for him and 24/7 Wall St., a privilege few firms enjoy.

Since 2012, Jackson’s work for 24/7 Wall St. has been featured in Barron’s, Yahoo Finance, MarketWatch, Business Insider, TradingView, Real Money, The Street, Seeking Alpha, Benzinga, and other media outlets. He attended the prestigious Cranbrook Schools in Bloomfield Hills, Michigan, and has a degree in broadcasting from the Specs Howard School of Media Arts.